500 Newman Street

Wolseley, Winnipeg

Property score

62.6

Fair

Overall 62.6 · Smaller than most nearby homes

1,208 sqft (bottom 22%) · Built in 1910 (6 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 92.0 · 4-min walk to transit with 6 nearby routes · Within 500m: 8 dining spots, 3 schools, 1 shop, and 1 park nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 4%

Past 10 years Wolseley sales snapshot (~80% of all data)

Sold Count

820

Median price

382.5k

$/sqft

$285/sqft

Avg build year

1916

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Property score

62.6 is composed by the two sections below.

Property Score

47.0Low
Living Area66
1,208 sqftGood
Year Built10
1910Low
Lot Size18
2,349 sqftLow
Neighbourhood Sales Activity53
Fair

Community Score

86.1Excellent
Household Income85
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

Wolseley

How to read: Share of sales in each ~$50k price band for “wolseley” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110109

Community deep dive

$100K

Median household income

$122K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate75%
Median age40.0
Avg household size2.5
Unemployment rate6%
Population density4638 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children35%
Median household income (2020)$100K

Housing

Renter households14%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority11%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,208 sqft
0255075100
Same streetTop 20%Same areaBottom 22%CitywideTop 49%
Same street · Newman Street
#34 / 168
Top 20% · Avg 1,079 sqft
Same area · Wolseley
#1,823 / 2,349
Bottom 22% · Avg 1,622 sqft
Citywide · Winnipeg
#95,958 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

around average
316k
0255075100
Same streetTop 46%Same areaBottom 34%CitywideBottom 34%
Same street · Newman Street
#77 / 168
Top 46% · Avg 319.3k
Same area · Wolseley
#1,543 / 2,349
Bottom 34% · Avg 371.3k
Citywide · Winnipeg
#128,013 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1910
0255075100
Same streetBottom 19%Same areaBottom 34%CitywideBottom 6%

Lot Size

below average
2,349 sqft
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 3%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

500 Newman Street — 20 amenities found within 500 m, across 8 categories, including 8 dining (nearest 248 m), 3 education (nearest 137 m), 1 shopping (nearest 183 m).

Search radius
🍽️Dining8
🏫Education3
🛒Shopping1
🌳Parks1
🏦Finance2
Fuel Stations1
Worship3
🏛️Government1

Crime & Safety

Wolseley · WPS public data · 2026

Annual incidents

34

2026

vs. city avg

+15%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

68%

Sales History

500 Newman Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 500 Newman Street, Winnipeg

Property Overview & Key Characteristics

This 1910 two-storey home in Wolseley offers classic charm on a generous, mature lot. Its primary appeal lies in a combination of established neighbourhood character and solid fundamentals. The 2,349 sqft lot size is notably larger than most in Winnipeg, ranking in the top 3% city-wide, providing valuable outdoor space and potential in a central location. The home itself, with 1,208 sqft of living space, is a practical size for a small family or couple.

The appeal is for a specific buyer: someone seeking a "blank canvas" or a long-term hold in a desirable, tree-lined area. It suits a handy buyer comfortable with a project, as the basement is noted as unrenovated and the home’s age implies a need for ongoing updates. Its assessed value is modest for the area, suggesting an entry point into Wolseley. A thoughtful perspective is that this property represents land value and location first, with the house offering functional space to build upon. It’s less about move-in-ready perfection and more about securing a footprint in a prime neighbourhood where the lot itself is a significant asset.


Frequently Asked Questions

1. What does the basement condition "not renovated" typically imply?
It generally indicates an original or largely untouched space, likely with older finishes, mechanical systems, and limited amenities. Buyers should budget for updates and anticipate a professional inspection to assess its condition and potential.

2. How significant is the lot size here?
Very. A lot of this size (top 3% in Winnipeg) in Wolseley is a standout feature. It offers more privacy, gardening space, and play area than typical inner-city lots, and holds long-term value for expansion or landscaping projects that smaller lots cannot accommodate.

3. The home's living area ranks lower than its lot size. What does this mean?
It indicates the existing house doesn't fully utilize the lot's buildable space. This can be seen as an opportunity for an addition or a future renovation to better match the house's size to the property's scale, subject to local zoning.

4. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value is for municipal tax purposes. In active markets like Wolseley, especially for character homes on large lots, the selling price often exceeds the assessed value. It's best used as a baseline, not a market valuation.

5. What are the trade-offs of a 1910 home?
You gain character, established neighbourhoods, and often sturdy construction. The trade-offs include potentially higher maintenance costs, the need for updates to wiring, plumbing, or insulation, and layouts that may differ from modern open-concept designs. Energy efficiency can also be a concern without renovations.